
Taiwan may boost U.S. imports with focus on LNG
Taiwan is considering increasing its liquefied natural gas (LNG) imports from the US from 10% to 30% to help reduce...
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Taiwan activates NT$88bn relief as US tariffs hit economy
Taiwan's National Stabilization Fund (NSF) activated NT$88 billion as part of a broader NT$500 billion effort to support the stock...
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April 9, 2025 / business
Total tariffs on Chinese goods will reach a whopping 104%
The White House has published a document confirming that China's 34% tariff rate - set to come into effect in...
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April 8, 2025 / energy transition
Trump drops IMO carbon talks, threatens retaliation over emission fees
The Trump administration announced its withdrawal from International Maritime Organization (IMO) negotiations aimed at decarbonising the shipping industry and warned...
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April 7, 2025 / energy transition
BP chairman announces departure as strategic shift takes hold
BP chairman Helge Lund has announced plans to step down, likely in 2026, with a succession process now underway led...
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April 7, 2025 / business
Stolt-Nielsen reports strong Q1 2025 unaudited results
Stolt-Nielsen reported a net profit of $151.4 million for the first quarter of 2025 on revenue of $675.6 million, compared...
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April 7, 2025 / business
Steering through uncertainty: emerging trends in the chemical tanker market
Maritime Strategies International (MSI) analyst Bonita Nightingale highlights that while chemical and edible oil trade has grown modestly in 2024,...
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April 6, 2025 / business
Odfjell plans fleet renewal with up to 12 newbuilds
Odfjell plans to modernize its fleet with 6 to 12 new stainless steel tankers starting around 2027, at a potential...
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Taiwan’s GDP growth expected to fall below 3% due to tariffs
Taiwan's economy, which is heavily reliant on exports, is projected to grow by less than 3% in 2025 due to...
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April 4, 2025 / business
Shipping stocks tumble amid China’s tariff retaliation
Shipping stocks fell sharply on Friday as China hit back at U.S. tariffs. New York-listed companies like Dorian LPG and...
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Taiwan must address tariffs and evaluate U.S. petrochemical investment to meet Trump’s goals
Taiwan needs to review its import duties and trade practices to address trade barriers that led to the 32% reciprocal...
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April 4, 2025 / business
China imposes retaliatory tariffs on all U.S. imports
China has announced a 34% tariff on all U.S. imports starting April 10, in retaliation to U.S. tariffs. Exemptions apply...
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April 4, 2025 / energy transition, Taiwan
Taiwanese offshore wind contractor Dong Fang orders subsea vessel
Dong Fang Offshore, a Taiwanese offshore services provider, has signed a US$125.9M contract with Vard for a new subsea construction...
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April 4, 2025 / business
Nanjing Tanker appoints new chairman
Nanjing Tanker has appointed Lei Ding as its new chairman, following the resignation of Yi Zhang due to job changes....
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April 3, 2025 / energy transition
IATA introduces global SAF registry to speed up aviation’s net zero transition
The International Air Transport Association (IATA) has officially launched the Sustainable Aviation Fuel (SAF) Registry under the Civil Aviation Decarbonization Organization (CADO). This...
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April 3, 2025 / energy transition, Taiwan
Taiwan Fertilizer powers chip industry with blue ammonia
Taiwan Fertilizer has shipped 6,000 metric tons of blue ammonia to Taiwanese semiconductor firms, marking a significant step in the...
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Economics expert criticizes US tariff calculations on Taiwan as crude and unfair.
The US has imposed a 32% tariff on Taiwanese goods, which Chung-Hua Institution for Economic Research (CIER) President Lin Hsien-ming...
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April 3, 2025 / business
Shell completes sale of interest in Singapore Energy and Chemicals Park
Shell Singapore has completed the sale of its Energy and Chemicals Park in Singapore to CAPGC Pte. Ltd., a joint...
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Taiwan responds to threats from cable-cutting ships
In response to recent subsea cable damage and security concerns, Taiwan has implemented stricter port visit procedures for ships from...
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April 2, 2025 / business
Rising fuel demand clashes with refinery shutdowns: 1 in 5 at risk
Refineries worldwide are shutting down or switching to biofuels due to rising costs, carbon taxes, and decarbonization policies, despite stable...
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